Asia China to Work With Asia to Secure World Trade, Ex-PBOC Head SaysBloomberg - Joyce Koh Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China will work with other Asian countries to …
Asia Indian State Polls to Test Modi’s Popularity as Economy SlowsBloomberg - Bibhudatta Pradhan The first assembly polls after Prime Minister Narendra Modi won a landslide victory in national elections in May will take place in the states of …
India Tax Cut Gives Modi Perfect Pitch to Win American InvestmentsBloomberg - Archana Chaudhary Prime Minister Narendra Modi arrives in the U.S. a day after delivering a $20 billion tax-cut stimulus for companies, which strengthens his pitch to …
Donald Trump Trump to Meet Ukraine’s Leader at UN as Congress Probes TalksBloomberg - Justin Sink President Donald Trump is planning about a dozen one-on-one meetings with foreign leaders next week at the United Nations General Assembly, but none …
Asia India Cuts Tax on Goods and Services After $20 Billion StimulusBloomberg - Shruti Srivastava India reduced taxes on some hotel and catering services, and a levy on some passenger vehicles, adding to a surprise $20 billion tax break it offered …
Climate Climate Strike Protesters Flood the Streets Around the GlobeBloomberg - Will Kennedy A giant balloon is drawn by protesters gathered in front of the Brandenburg Gate in Berlin. Protesters carrying homemade signs throng the …
Investing Repo Squeeze Has Upset Funding Markets. It’s About to Get WorseBloomberg - Stephen Spratt The dollar-funding squeeze, which rocked short-term interest rate markets this week, may deepen further with the end of the quarter approaching. Banks …
Investing India Bank Stocks Seen Top Beneficiaries of Corporate Tax CutBloomberg - Abhishek Vishnoi India’s bank stocks will be the biggest beneficiaries of Prime Minster Narendra Modi’s move to slash the corporate tax rate to among the lowest in …
India Case for India’s Overseas Bond Sale Builds Up With Modi Tax CutBloomberg - Subhadip Sircar The case for India to revive plans for a $10 billion overseas bond sale is building up again. After all, Finance Minister Nirmala Sitharaman just …
Investing $1 Billion Savings Seen for Firms on India Buyback Tax ExemptionBloomberg - Ronojoy Mazumdar A one-time exemption could save about $1 billion in taxes for Indian companies that announced share buybacks this year, according to Umesh Mehta, …
Investing Foreign Investors Say Tax Cuts Ease Concerns About India EconomyBloomberg - Abhishek Vishnoi India’s reduction in the corporate tax rate to among Asia’s lowest was welcomed by investors as a boon that may help spur economic growth and company …
Investing India’s Budget Gap Seen Widening to Four-Year High on Tax CutsBloomberg - Anirban Nag India’s budget gap is likely to widen to the highest since 2016 after Prime Minister Narendra Modi’s government unleashed $20 billion in corporate …
India India, U.S. Eye Middle Ground on Trade Ahead of Modi-Trump MeetBloomberg - Shruti Srivastava India and the U.S. are working toward easing trade tensions, including a possible withdrawal of some disputes from the World Trade Organization, …
Finance (India) Aspen Strikes Deal With India’s Laurus to Cut Cost of HIV DrugsBloomberg - Loni Prinsloo Aspen Pharmacare Holdings Ltd. agreed to a partnership with India’s Laurus Labs Ltd. to boost supply of active pharmaceutical ingredients that will …
Automotive Industry India Stocks Soar by the Most in a Decade on Corporate Tax CutsBloomberg - Kartik Goyal Indian stocks surged with the rupee while bonds slumped after the government unexpectedly slashed the corporate tax rate to boost economic growth. The …
Investing Central-Bank Governor Dashes Bailout Hopes for India’s Struggling Shadow LendersBloomberg - Suvashree Ghosh The Reserve Bank of India would prefer a market-led resolution to the nation’s simmering shadow banking crisis, Governor Shaktikanta Das said, …
India India Stocks Surge Most in Four Months on India Corporate Tax CutBloomberg - Lianting Tu The S&P BSE Sensex surged 3.4%, set for biggest gain since May 20, after Finance Minister Nirmala Sitharaman said India will cut taxes for local …
Investing India Surprises With $20 Billion Tax Cut Stimulus; Stocks SoarBloomberg - Shruti Srivastava India’s government escalated efforts to repair economic growth with a surprise $20 billion tax cut, taking the rate for companies to one of the …
Investing Tech Leads U.S. Stock Drop as Trade Tensions Grow: Markets WrapBloomberg - Vildana Hajric Slumping tech stocks dragged down U.S. indexes amid renewed concern over the outlook for trade talks between the U.S. and China. The S&P 500 Index …
Investing Big Reads on Economics: Central Banks Are Easing But Not EasilyBloomberg - Michelle Jamrisko Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Federal Reserve officials cut interest rates yet …
Investing Prolonged Funding Stress Boosts Calls for Permanent Fed FixBloomberg - Liz McCormick Signs that stress in U.S. funding markets is rebuilding ramped up pressure on the Federal Reserve to permanently increase reserves by boosting …
Opinion Free Money for Everyone Won’t Solve Our ProblemsBloomberg - Satyajit Das The world economy is turning toward a depressingly familiar cycle of lower rates, renewed quantitative easing and more fiscal stimulus. The return to …
Investing Aberdeen Says Buy Indian Stocks as Haven From Global Trade WarBloomberg - Anuchit Nguyen Aberdeen Standard Investments, with $669 billion in assets, remains positive on Indian stocks even as the nation’s economic growth is at a six-year …
Investing Global Growth Slip, China Trade Dip, Fed Funding Stress: Eco DayBloomberg - Michael Heath • Intensifying trade conflicts have sent global growth momentum tumbling toward lows last seen during the financial crisis, the OECD said in its latest …
Finance (India) When Free Money No Longer Appeals, Watch OutBloomberg - Robert Burgess Further evidence was on full display Thursday that top central banks are doing little more than pushing on a string in an attempt to spark their …
Technology India Is Planning a Huge China-Style Facial Recognition ProgramBloomberg - Archana Chaudhary India is planning to set up one of the world’s largest facial recognition systems, potentially a lucrative opportunity for surveillance companies and …
Investing India’s Central Bank Chief Sees Room for Rate CutBloomberg - Anirban Nag India’s central bank Governor Shaktikanta Das said there’s room for interest rate cuts to spur economic growth given stable and below-target …
Google Pay Google Expands Digital Payments Push in IndiaBloomberg - Saritha Rai Alphabet Inc.’s Google plans several big moves into digital payments in India, a country with a huge first-time internet user population that serves …
Investing Blackstone REIT’s Success Lures Global Funds to India MarketBloomberg - Dhwani Pandya Blackstone-backed real estate investment trust’s successful India trading debut has left global funds including Japan’s NikkoAM-StraitsTrading Asia …
Investing BNP Paribas Bets on India’s Rains to Lift Consumer SpendingBloomberg - Nupur Acharya It’s not all gloom and doom for India’s consumer companies, and BNP Paribas SA says plentiful rainfall seen this monsoon season and cash handouts to …
